{"id":38798,"date":"2025-04-09T13:09:34","date_gmt":"2025-04-09T07:39:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=38798"},"modified":"2025-07-23T10:38:17","modified_gmt":"2025-07-23T05:08:17","slug":"zomato-share-rises-coo-exit","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/zomato-share-rises-coo-exit\/","title":{"rendered":"Zomato Rebrands to Eternal Limited: Stock Opened Higher at \u20b9216 Amid COO Exit"},"content":{"rendered":"<p><strong>April 9 2025<\/strong>: Food delivery platform <strong>Zomato <\/strong>has officially rebranded itself as <strong>Eternal<\/strong>. <a href=\"https:\/\/univest.in\/stocks\/eternal\/zomato-ltd-share-price-today\">Zomato<\/a> share opened at \u20b9216.00 (up by 0.37%) on the NSE (National Stock Exchange). The closing price of Zomato (Eternal) was \u20b9215.19 in the last session on 8th April 2025.\u00a0<\/p><p>The stock&#8217;s upward trend began earlier this week despite lingering uncertainties about the leadership and intense competition from Swiggy. Take a closer look at Zomato to learn about its market sentiment and investors&#8217; confidence.&nbsp;<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-rises-coo-exit\/#Zomato_Share_Performance\" title=\"Zomato Share Performance\">Zomato Share Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-rises-coo-exit\/#Zomato_to_Eternal_All_About_Rebranding\" title=\"Zomato to Eternal: All About Rebranding\">Zomato to Eternal: All About Rebranding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-rises-coo-exit\/#Leadership_Shakeup_in_Zomato_COO_Exit\" title=\"Leadership Shakeup in Zomato: COO Exit&nbsp;\">Leadership Shakeup in Zomato: COO Exit&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-rises-coo-exit\/#What_Experts_Says_on_Zomato_Share\" title=\"What Experts Says on Zomato Share?\">What Experts Says on Zomato Share?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/zomato-share-rises-coo-exit\/#Explore_Other_News_Articles\" title=\"Explore Other News Articles\">Explore Other News Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zomato_Share_Performance\"><\/span><strong>Zomato Share Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>On 8th April 2025, <a href=\"https:\/\/www.zomato.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Zomato<\/a> opened at \u20b9213.19 and closed at \u20b9215.19, making a 0.93% gain for the day. This increase was followed by the higher closing price of 7th April 2025. Today, on 9th April 2025, Zomato opened at \u20b9216.00 and is currently 2.35% up at \u20b9214.55. Against the significant backdrop of COO resignation, employee layoffs, and a fiercely competitive market, Zomato share continues to follow the upside trend for its new identity as Eternal.&nbsp;&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zomato_to_Eternal_All_About_Rebranding\"><\/span><strong>Zomato to Eternal: All About Rebranding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The word \u201cEternal\u201d represents the vision of Zomato to become more than just a food delivery platform. The new brand identity of Zomato aims to reflect consistency, longevity, and relevance across multiple customer categories. Rebranding also comes with some risks, but at such a scale, it requires not just excellent marketing but also internal alignment and user acceptance. Rebranding could be risky for the company, which is still navigating profitability pressures and increasing regulatory scrutiny.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Leadership_Shakeup_in_Zomato_COO_Exit\"><\/span><strong>Leadership Shakeup in Zomato: COO Exit&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The resignation of Zomato\u2019s Chief Operating Officer (COO) is accompanied by rebranding announcements. The official reason has not yet been revealed, but this leadership change has created suspense among investors for Zomato\u2019s future outlook.&nbsp;<\/p><p>Such a resignation during a critical time, industry observers feel, could either halt momentum or invite a more agile, leaner style of leadership. In the weeks ahead, the reaction of mutual fund houses and institutional players will be extremely significant.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Experts_Says_on_Zomato_Share\"><\/span><strong>What Experts Says on Zomato Share?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Zomato (Eternal) was showing contradictory volume chart signals until mid-morning trading, with some institutional players&#8217; cautious selling and speculative buying by retail investors. Support is found near \u20b9210, while the subsequent resistance level is approximated to be around \u20b9222.<\/p><p>For more accurate directional hints, retail investors are advised to keep an eye on earnings reports, leadership changes, and Blinkit vertical updates.<\/p><p><strong><em>Disclaimer<\/em><\/strong><em>: Univest provides news articles on the stock market today for informational purposes only. You are advised not to construe them as investment advice. You must conduct your own research on the best stocks to watch today to invest safely. Also, you can try Univest Pro and Demat accounts for seamless investment and trading experiences.&nbsp;<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Explore_Other_News_Articles\"><\/span><strong>Explore Other News Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/sensex-down-400-pts-after-rbi-repo-cut\">Stock Market Today: Sensex Down 400 Pnts Amid RBI\u2019s Repo Rate Cut; Check Future Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/rbi-policy-2025-repo-rate-cut\">RBI Monetary Policy Meeting 2025 | 25 bps Repo Rate Cut by Sanjay Malhotra Amid Easing Inflation<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/stocks-to-watch-today-9th-april-2025\">Stocks to Watch Today: 9th April 2025: NTPC, BPCL, HAL, NBCC, &amp; More!<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/titan-share-price-up-q4-results\">Titan Share Price Surged 3.38% at Closing Today: Here\u2019s the Q4 Results Update<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/omc-gain-3-percent-excise-duty-update\">OMC Stocks Surged Up to 3% as LPG Prices Hiked and Excise Duty Raised By \u20b92\/Litre<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/irfc-share-price-up-interim-dividend\">IRFC Share Price Surged 2.57% Amid Dividend Buzz: Check Future Trends Here<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/ireda-q4-results-stock-move\">IREDA Share Price Jumps 3.65% Attributed to Q4 Results: Will the Momentum Sustain?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/stocks-to-watch-today-8th-april-2025\">Stocks to Watch Today: 8th April 2025: BEL, SOBHA, TITAGARH, HDFC, MARUTI &amp; More!<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>April 9 2025: Food delivery platform Zomato has officially rebranded itself as Eternal. Zomato share opened at \u20b9216.00 (up by 0.37%) on the NSE (National Stock Exchange). The closing price of Zomato (Eternal) was \u20b9215.19 in the last session on 8th April 2025.\u00a0 The stock&#8217;s upward trend began earlier this week despite lingering uncertainties about<\/p>\n","protected":false},"author":23,"featured_media":38799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[797,523],"class_list":["post-38798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-zomato","tag-zomato-stock"],"metadata":{"_edit_lock":["1753247311:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_seo_score":["21"],"_thumbnail_id":["38799"],"rank_math_primary_category":["842"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_b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